Fixer-upers
are great but you have to buy smart. Do
your homework. Check out the vehicle's history
report. Obviosly it's going to say that
is has been in a wreck. Look for things
like more then one accident. How many owners
the car had. Two to three for a 5 + year
old car is ok. One to two on younger cars.

Have
the car inspected by a reputable mechanic
and a bodyshop.

You
can expect to save from $1000 to $30,000
and more. Yes, even a 2004 Ferarri Modena
can be purchased for tens of thousands of
dollars less.

That's
one way to go.

The
second way is to buy a wreck and fix it
up. Just like you've heard about homes,
you buy, fix it up and sell. Only you don't
sell but keep.

If
you can't fix it yourself, find a body man
and a mechanic you can trust.